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Earnings Per Common Share Computations
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Common Share Computations
NOTE 8 — EARNINGS PER COMMON SHARE COMPUTATIONS
The following is a reconciliation of the numerator and denominator of the earnings per common share computations (in thousands, except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
Numerator for basic earnings from continuing operations per common share
 
 
 
 
 
 
 
Earnings from continuing operations
$
9,158

 
$
5,973

 
$
60,515

 
$
55,903

Earnings from continuing operations allocated to participating securities
(193
)
 
(78
)
 
(1,279
)
 
(729
)
Numerator for basic earnings from continuing operations per common share
$
8,965

 
$
5,895

 
$
59,236

 
$
55,174

Numerator for basic earnings per common share
 
 
 
 
 
 
 
Net earnings
$
9,249

 
$
5,973

 
$
60,605

 
$
55,902

Net earnings allocated to participating securities
(195
)
 
(78
)
 
(1,281
)
 
(729
)
Numerator for basic net earnings per common share
$
9,054

 
$
5,895

 
$
59,324

 
$
55,173

 
 
 
 
 
 
 
 
Numerator for diluted earnings from continuing operations per common share
$
9,158

 
$
5,973

 
$
60,515

 
$
55,903

 
 
 
 
 
 
 
 
Numerator for diluted earnings per common share
$
9,249

 
$
5,973

 
$
60,605

 
$
55,902

 
 
 
 
 
 
 
 
Denominator for net earnings per common share:
 
 
 
 
 
 
 
Basic
17,328

 
17,130

 
17,269

 
17,004

Plus dilutive effect of stock options
254

 
220

 
239

 
236

Plus dilutive effect of participating securities
373

 
225

 
373

 
225

Diluted
17,955

 
17,575

 
17,881

 
17,465

 
 
 
 
 
 
 
 
Net earnings per common share:
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.52

 
$
0.34

 
$
3.43

 
$
3.24

Discontinued operations

 

 
$
0.01

 

Net earnings
$
0.52

 
$
0.34

 
$
3.44

 
$
3.24

Diluted
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.51

 
$
0.34

 
$
3.38

 
$
3.20

Discontinued operations
$
0.01

 

 
$
0.01

 

Net earnings
$
0.52

 
$
0.34

 
$
3.39

 
$
3.20